Key Points
- Insider sale: Fajerman Sergio Guillinet sold 20,000 shares on April 15 at $9.45 for $189,000 (after selling 50,000 shares on April 14 at $9.38 for $469,000), leaving him with 1,245,119 shares — a 1.58% reduction in his position.
- Q4 results and stock metrics: Itaú Unibanco missed estimates with EPS $0.17 versus $0.20 and revenue $8.62B versus $8.98B; the stock trades around $9.38 with a 12‑month range of $5.46–$9.60, market cap ~$103.8B and a P/E of 13.32.
- Dividend and analyst view: The bank announced a special dividend of $0.068 payable Sept. 8 (record/ex‑div March 23), while analysts hold a consensus "Moderate Buy" and a $9.00 target amid mixed recent ratings.
Itau Unibanco Holding S.A. (NYSE:ITUB - Get Free Report) insider Fajerman Sergio Guillinet sold 20,000 shares of the firm's stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $9.45, for a total transaction of $189,000.00. Following the sale, the insider owned 1,245,119 shares of the company's stock, valued at $11,766,374.55. This trade represents a 1.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Fajerman Sergio Guillinet also recently made the following trade(s):
- On Tuesday, April 14th, Fajerman Sergio Guillinet sold 50,000 shares of Itau Unibanco stock. The shares were sold at an average price of $9.38, for a total transaction of $469,000.00.
Itau Unibanco Stock Up 0.5%
Itau Unibanco stock opened at $9.38 on Friday. Itau Unibanco Holding S.A. has a twelve month low of $5.46 and a twelve month high of $9.60. The firm has a 50 day moving average price of $8.70 and a 200-day moving average price of $7.82. The company has a market capitalization of $103.84 billion, a P/E ratio of 13.32, a P/E/G ratio of 1.02 and a beta of 0.65. The company has a quick ratio of 1.58, a current ratio of 1.79 and a debt-to-equity ratio of 2.61.
Itau Unibanco (NYSE:ITUB - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The bank reported $0.17 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.03). Itau Unibanco had a return on equity of 20.83% and a net margin of 20.64%.The company had revenue of $8.62 billion during the quarter, compared to the consensus estimate of $8.98 billion. As a group, equities analysts predict that Itau Unibanco Holding S.A. will post 0.8 EPS for the current year.
Itau Unibanco Dividend Announcement
The company also recently announced a special dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, March 23rd will be given a $0.068 dividend. The ex-dividend date of this dividend is Monday, March 23rd. Itau Unibanco's dividend payout ratio (DPR) is currently 4.29%.
Analyst Ratings Changes
ITUB has been the subject of several research reports. Weiss Ratings reiterated a "buy (b)" rating on shares of Itau Unibanco in a research note on Monday, December 29th. JPMorgan Chase & Co. boosted their price objective on Itau Unibanco from $8.00 to $9.00 and gave the company an "overweight" rating in a research note on Wednesday, February 18th. Finally, Zacks Research downgraded shares of Itau Unibanco from a "strong-buy" rating to a "hold" rating in a report on Friday, March 13th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Itau Unibanco presently has a consensus rating of "Moderate Buy" and a consensus target price of $9.00.
Get Our Latest Stock Report on ITUB
Institutional Investors Weigh In On Itau Unibanco
A number of institutional investors and hedge funds have recently made changes to their positions in ITUB. Royal Bank of Canada grew its position in Itau Unibanco by 11.7% during the first quarter. Royal Bank of Canada now owns 445,578 shares of the bank's stock worth $2,450,000 after buying an additional 46,608 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Itau Unibanco by 28.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,996,699 shares of the bank's stock valued at $27,482,000 after acquiring an additional 1,107,607 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Itau Unibanco by 332.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,966 shares of the bank's stock valued at $47,000 after acquiring an additional 5,355 shares during the last quarter. Guggenheim Capital LLC grew its holdings in shares of Itau Unibanco by 11.7% during the second quarter. Guggenheim Capital LLC now owns 118,405 shares of the bank's stock worth $804,000 after purchasing an additional 12,442 shares in the last quarter. Finally, First Trust Advisors LP increased its position in shares of Itau Unibanco by 425.3% in the second quarter. First Trust Advisors LP now owns 356,467 shares of the bank's stock worth $2,420,000 after purchasing an additional 288,602 shares during the last quarter.
About Itau Unibanco
(
Get Free Report)
Itaú Unibanco SA (NYSE: ITUB) is a Brazilian banking and financial services conglomerate headquartered in São Paulo. The company was formed by the merger of Banco Itaú and Unibanco in 2008 and is one of the largest private-sector banks in Brazil and among the leading banks in Latin America. Itaú Unibanco is publicly listed in Brazil and maintains an international listing on the New York Stock Exchange.
The bank offers a full range of financial products and services across retail, commercial and wholesale banking.
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